OneAscent Financial Services LLC Acquires Shares of 4,537 SPDR S&P 400 Mid CapGrowth ETF (NYSEARCA:MDYG)

OneAscent Financial Services LLC acquired a new stake in SPDR S&P 400 Mid CapGrowth ETF (NYSEARCA:MDYG) in the 4th quarter, Holdings Channel.com reports. The institutional investor acquired 4,537 shares of the company’s stock, valued at approximately $394,000.

A number of other institutional investors and hedge funds have also recently modified their holdings of MDYG. Stifel Financial Corp raised its holdings in SPDR S&P 400 Mid CapGrowth ETF by 146.2% during the 3rd quarter. Stifel Financial Corp now owns 1,197,620 shares of the company’s stock valued at $105,079,000 after buying an additional 711,253 shares during the period. Raymond James Financial Inc. bought a new position in SPDR S&P 400 Mid CapGrowth ETF during the fourth quarter valued at $24,981,000. Commonwealth Equity Services LLC raised its stake in shares of SPDR S&P 400 Mid CapGrowth ETF by 121.5% in the fourth quarter. Commonwealth Equity Services LLC now owns 234,922 shares of the company’s stock valued at $20,412,000 after acquiring an additional 128,867 shares during the period. Foundations Investment Advisors LLC lifted its holdings in shares of SPDR S&P 400 Mid CapGrowth ETF by 2,181.8% in the 4th quarter. Foundations Investment Advisors LLC now owns 133,530 shares of the company’s stock worth $11,602,000 after acquiring an additional 127,678 shares during the last quarter. Finally, May Barnhard Investments LLC purchased a new position in shares of SPDR S&P 400 Mid CapGrowth ETF during the 4th quarter worth about $5,583,000.

SPDR S&P 400 Mid CapGrowth ETF Trading Down 6.5 %

Shares of NYSEARCA:MDYG opened at $76.24 on Friday. SPDR S&P 400 Mid CapGrowth ETF has a 12 month low of $76.13 and a 12 month high of $95.51. The company has a market capitalization of $2.43 billion, a price-to-earnings ratio of 21.35 and a beta of 1.12. The firm’s 50-day moving average is $84.82 and its 200 day moving average is $87.87.

SPDR S&P 400 Mid CapGrowth ETF Cuts Dividend

The firm also recently announced a dividend, which was paid on Wednesday, March 26th. Stockholders of record on Monday, March 24th were paid a dividend of $0.1481 per share. The ex-dividend date of this dividend was Monday, March 24th.

SPDR S&P 400 Mid CapGrowth ETF Profile

SPDR S&P 400 Mid Cap Growth ETF, before expenses, seeks to closely match the returns and characteristics of the S&P Mid Cap 400 Growth Index. The S&P MidCap 400 Growth Index measures the performance of the mid-capitalization growth sector in the United States equity market. The Index consists of those stocks in the S&P MidCap 400 Index exhibiting the strongest growth characteristics based on: sales growth; earnings change to price, and momentum.